TILT Holdings Inc
TILT Holdings Inc. operates in the cannabis industry in the United States, Canada, Israel, Mexico, South America, and the European Union. The company operates through Cannabis, Accessories, and Other segments. It also produces, cultivates, and sells cannabis products. In addition, the company manufactures and distributes electronic and non-nicotine devices and systems. Further, it processes and p… Read more
TILT Holdings Inc (TLLTF) - Total Assets
Latest total assets as of September 2024: $182.59 Million USD
Based on the latest financial reports, TILT Holdings Inc (TLLTF) holds total assets worth $182.59 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
TILT Holdings Inc - Total Assets Trend (2016–2023)
This chart illustrates how TILT Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TILT Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
TILT Holdings Inc's total assets of $182.59 Million consist of 24.3% current assets and 75.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $17.92 Million | 7.8% |
| Inventory | $32.91 Million | 14.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $84.80 Million | 36.7% |
| Goodwill | $17.72 Million | 7.7% |
Asset Composition Trend (2016–2023)
This chart illustrates how TILT Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TILT Holdings Inc's current assets represent 24.3% of total assets in 2023, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2023, down from 100.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 36.7% of total assets.
TILT Holdings Inc Competitors by Total Assets
Key competitors of TILT Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Swedish Orphan Biovitrum AB (publ)
PINK:BIOVF
|
USA | $67.26 Billion |
|
Kamada
NASDAQ:KMDA
|
USA | $378.79 Million |
|
One World Pharma Inc
OTCQB:OWPC
|
USA | $6.62 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
Korea | ₩654.63 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
China | CN¥27.28 Billion |
|
Yuhan Corp.
KO:000100
|
Korea | ₩3.05 Trillion |
|
Anhui Fengyuan Pharmaceutical Co Ltd
SHE:000153
|
China | CN¥4.97 Billion |
|
Kotra Industries Bhd
KLSE:0002
|
Malaysia | RM363.90 Million |
TILT Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - TILT Holdings Inc generates 0.72x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TILT Holdings Inc is currently not profitable relative to its asset base.
TILT Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.48 | 0.87 | 1.80 |
| Quick Ratio | 0.20 | 0.35 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-43.69 Million | $ -10.03 Million | $ 40.16 Million |
TILT Holdings Inc - Advanced Valuation Insights
This section examines the relationship between TILT Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.34 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -21.4% |
| Total Assets | $231.19 Million |
| Market Capitalization | $2.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values TILT Holdings Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TILT Holdings Inc's assets decreased by 21.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TILT Holdings Inc (2016–2023)
The table below shows the annual total assets of TILT Holdings Inc from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $231.19 Million | -21.36% |
| 2022-12-31 | $293.98 Million | -29.19% |
| 2021-12-31 | $415.18 Million | -3.36% |
| 2020-12-31 | $429.60 Million | -21.30% |
| 2019-12-31 | $545.90 Million | +147.10% |
| 2018-12-31 | $220.92 Million | +9224498.02% |
| 2017-12-31 | $2.39K | -76.88% |
| 2016-12-31 | $10.36K | -- |